Classic car auctions are all the rage these days. The collector car market has been booming for the past decade or so, and auctions have been growing accordingly, both in grandiosity and media coverage. You’ve probably seen auctions taking place on TV or online, with the biggest events being Concours-like affairs, fetching record prices which make headlines for the weeks to follow.
It’s a misconception that classic and collector car auctions are reserved for the ludicrously rich, buying cars for hundreds of thousands of dollars or more. Auctions offer enthusiasts the opportunity to network with like-minded people and are a great way to learn about special interest vehicles you might not be familiar with but find you have an interest in.
The team at GAA Classic Car Auctions offers a spectacular experience for both the first-timer or the seasoned auction goer. Devoted to producing the best classic and collector car auction experience possible, folks like Johnny Ransom, General Manager for GAA, are hands on and willing to help you with whatever needs might arise, and he’s here to explain how it all works.
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00:00 The Excitement of Classic Car Auctions
01:59 Meet Johnny Ransom from GAA Classic Car Auctions
02:10 Johnny's Journey into the Automotive World
05:13 The Birth of GAA Classic Car Auctions
08:15 GAA's Unique Auction Experience
11:28 Memorabilia Sales at GAA Auctions
13:27 Diverse Range of Vehicles at GAA
15:17 Auctioneer Dynamics and Attendee Experience
16:37 First-Time Auction Goer Tips
19:36 Bidding and Payment Process
24:27 Ensuring Title Transfers and Paperwork
28:00 State Tax Regulations for Car Purchases
28:29 Handling Titles and State Inspections
29:08 Auction Fees and Buying Process
29:56 Selling Your Car at GAA
31:44 Placing and Pricing Cars for Auction
35:08 Running and Driving Requirements
35:29 Handling Large Car Collections
37:21 Post-Auction Sales and Consignments
39:02 Auction vs. Private Sale
44:23 Future of GAA and Online Auctions
47:13 Upcoming Auctions and Notable Cars
49:36 Electric Vehicles in Auctions
51:19 Shoutouts and Closing Remarks
The Motoring Podcast Network : Years of racing, wrenching and Motorsports experience brings together a top notch collection of knowledge, stories and information. #everyonehasastory #gtmbreakfix - motoringpodcast.net
More Information: https://www.motoringpodcast.net/Become a VIP at: https://www.patreon.com/gtmotorsportsOnline Magazine: https://www.gtmotorsports.org/This episode is sponsored in part by Garage Style Magazine. Since 2007, GSM has been the definitive source for car collectors, continually delivering information about Automobilia, Petroliana, Events and more... because after all, what doesn't belong in your garage?